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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 227,855 [1],[2] $ 291,377 [3]
Short-term investments 1,827 [1] 2,310 [3]
Receivables from licensees and other 594 [1] 300 [3]
Deferred tax assets 0 [1] 375 [3]
Notes receivable 67,246 [1] 57,597 [3]
Prepaid and other current assets 9,166 [1] 3,938 [3]
Total current assets 306,688 [1] 355,897 [3]
Property and equipment, net 42 [1] 62 [3]
Royalty rights 384,572 [1] 259,244 [3]
Notes and other receivables, long-term 286,160 [1] 305,615 [3]
Long-term deferred tax assets 36,499 [1] 33,799 [3]
Other assets 6,640 [1] 7,733 [3]
Total assets 1,020,601 [1] 962,350 [3]
Current liabilities:    
Accounts payable 421 [1] 318 [3]
Accrued liabilities 32,711 [1] 8,876 [3]
Accrued Income Taxes, Current 0 [1] 3,293 [3]
Deferred Tax Liabilities 11,615 0
Term loan payable [1] 49,842 0
Convertible Notes Payable, Current 0 [1] 175,496 [3]
Total current liabilities 94,589 [1] 187,983 [3]
Convertible notes payable 281,581 [1] 276,228 [3]
Other long-term liabilities 48,474 [1] 37,702 [3]
Total liabilities $ 424,644 [1] $ 501,913 [3]
Commitments and contingencies (Note 8) [1] [3]
Stockholders' deficit:    
Preferred stock, par value $0.01 per share, 10,000 shares authorized; no shares issued and outstanding $ 0 [1] $ 0 [3]
Common stock, par value $0.01 per share, 350,000 shares authorized; 163,573 and 162,186 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively 1,636 [1] 1,622 [3]
Additional paid-in capital (118,540) [1] (119,874) [3]
Accumulated other comprehensive income 3,391 [1] 2,949 [3]
Retained earnings 709,470 [1] 575,740 [3]
Total stockholders' equity 595,957 [1] 460,437 [3]
Total liabilities and stockholders' equity $ 1,020,601 [1] $ 962,350 [3]
[1] unaudited
[2] unaudited
[3] Note 1